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Is Murdoch Already Chipping Away at 'WSJ' Independence?No one will be surprised when Rupert Murdoch starts meddling with the editorial machinery of The Wall Street Journal, despite a formal agreement to preserve its independence. But is he doing it already?
WGA Writers & VC's Looking to launch Web Start Ups?Reality, negotiating ploy or is this just the inevitable end result of the move to web 3.0 and the end to the studio system as we know it.
New legislation for telemarketers: Do Not Call. Ever.Congress has passed two bills related to the National Do Not Call registry that will allow the Federal Trade Commission to keep collecting maintenance fees and even eliminate the need for us to re-register ourselves after five years.
1,336 Homes Auctioned in Foreclosure -- Only 17 SoldAnother foreclosure record was set in November as 1,336 properties were offered to the highest bidder on the courthouse steps in several California cities. Now here's the real surprise: Only 17 of them sold, despite lenders offering deeply discounted prices.
BBC Explains: The US Sub-Prime Crisis in GraphicsThe US sub-prime mortgage crisis has lead to plunging property prices, a slowdown in the US economy, and billions in losses by banks. It stems from a fundamental change in the way mortgages are funded.
Bush sees 'storm clouds' over US economy (brilliant!)US President George W. Bush on Monday said the US economy was basically strong but warned of "storm clouds" in the form of a credit crunch and what may be a bursting housing bubble.
3 Ways To Keep Blogging From Killing Your BusinessBlogs are great - don?t get me wrong - but it?s just too easy to get sucked into reading too many of them and pretending you don?t notice your productivity plummet.
How Low Must Home Prices Go Before They Become "Affordable"?PORT WASHINGTON, N.Y. (MarketWatch) -- Housing will revive when prices come down to the point where demand rises enough to reduce the huge supply of unsold homes now overhanging the market. That said, this point is a long way off..."Figure at least another 20% before families can afford to buy"
Online Sales Hit Record HighMore than $20 billion has been spent online so far this holiday season, up 19 percent from 2006...
Alleged Halliburton gang rape survivor poisonedThe former Halliburton/KBR employee accusing the company of attempting to cover up her gang-rape in Iraq is now speaking out about her ordeal -- saying she felt "imprisoned" after reporting the incident, and was told by her superiors to keep quiet or lose her job.
The 20 Best Entrepreneurial Quotes"I recently read a quote that inspired me and thought, "Why not share it with others?" Here's a list of quotes from entrepreneurs and other quotes that are relevant to entrepreneurship."
The Top 20 Sexual-Harassment Cases of All TimeThis list of the top 20 sexual-harassment cases of all time chronicles the misdeeds of heavyweights to truly bizarre, lesser-known exploits... Andrew Tong filed suit against his supervisor Ping Jiang, whom is said to have forced Tong into taking female hormones and wearing female clothing in order "to eliminate the trader?s aggressive attitude"
Mitt Romney to buy Clear Channel CommunicationsMitt Romney's private equity firm, Bain Capital, has agree to buy the largest radio station owner in the country for $19.5 Billion. Clear Channel syndicates Rush Limbaugh, Glenn Beck, Sean Hannity, and many others.
The Reverse Wealth Effect As Housing PopsSince a house is the largest asset in most American households, any rise or decline in the home's value has a profound effect on our deepest sense of financial well-being. When our house appreciates, it makes us feel wealthier, hence the name for this phenomenon, "The Wealth Effect."
U.S. Takes Out Debt-Consolidation Loan- Plagued by late fees, high interest rates, and harassing creditors, the US took out a debt-consolidation loan Monday, combining the nation's $6.1 trillion debt into a single(9.1now), easy monthly payment.Opponents of the plan charge that it unnecessarily endangers the numerous national assets offered as collateral.
Why University Tuition Like Harvard is So Expensive"Government handouts are creating the tuition problem. Tuition has risen about three percentage points faster than inflation every year for the past quarter-century. At the same time, the feds have put more and more money behind student loans and other financial aid. The government is slowly becoming a third-party tuition payer."
Cellphone user rings up $85,000 bill and it's not and iPhoneThere are many things $85,000 can buy: a sleek Porsche sports car, a four-week dream vacation on Sir Richard Branson's private Caribbean island, or a serious shopping spree at Gucci.
4 Simple Financial Rules you SHOULD know before DIVORCEBased on National Survey of Family Growth (NSFG), conducted by U.S. National Center for Health Statistics (NCHS), the probability of a first marriage ending in separation or divorce within 5 years is 20 percent. After 10 years, the probability of a first marriage ending is 33 percent.
Best Buy Apologies For Sending Cease & Desist LetterAfter contacting Best Buy's Corporate Public Relations Group to sort out confusion over use of the "Improv Everywhere" logo, Scott gets a letter, apologizing for having sent him a misplaced nastygram.
Busted: FTC Finally Cracks Down on Credit Card CompaniesThe FTC is suing MPI, a provider of credit card processing services to businesses, for engaging in deceptive sales and marketing practices.
Symptoms of an economic depression - Los Angeles Timesyikes. I have been feeling like the whole wall street thing was just a big ponzi scheme for a year now. maybe i'm right.
Poll Shows Americans Don't Support Subprime Mortgage BailoutThe majority of those surveyed were opposed to a taxpayer-funded bailout of the subprime mortgage market, but there were a surprising number of respondents who either support it or have no opinion.
Lazy Man?s Way to Building a Great PowerPoint PresentationDelivering a breathtaking presentation that wows the audience isn?t easy. Here is a kick ass PowerPoint template to take some of the stress off your speaking experience.
Bush Mortgage Bailout Rewards The Cheaters"The liars win."That's how Glenn Mueller, a professor at the Burns School of Real Estate and Construction Management at the University of Denver, sees the Bush administration plan to clean up the subprime-mortgage mess."They were actually called 'liar loans,' " he said. "And now, the liars have won."
Third Fed Rate Cut Expected Faced with a spreading mortgage crisis, the Federal Reserve is expected to cut interest rates for a third time and hint that even more rate cuts could be forthcoming.
The 4 Things That Make a Good LeaderStephen Covey discusses what he feels are the 4 things that make a good leader.
Baby Boomers: As Selfish in Near-Death as They Were in LifeTheir parents sacrificed during World War II, but then spoiled them rotten. Dow Jones reports that, even though many Boomers are multi-millionaires, they are leaving little of it to their kids and spending it all on themselves before they die.
America's Total Debt: $161,287 Per Man, Woman, And ChildAmerica has become more debt-dependent - - than ever before with total debt of $48 trillion, or $161,287 per man, woman and child
Widow leaves $21 million to Chinese restaurant ownersA wealthy widow repaid the kindness shown to her by a family that runs a Chinese restaurant she frequented by leaving them $21 million, and a High Court judge ruled today that her will was legal.
Interest rate 'freeze' - the real story is fraudMortgage Mletdown: Bankers pay lip service to families while scurrying to avert suits, prison
Fannie Mae Must Raise $7 Billion to Help Steady ItselfFannie Mae, weakened by deterioration in the housing market, said yesterday that it planned to raise $7 billion of new capital to help it stay on solid financial footing. The announcement was further evidence that even the giants of the mortgage funding business, have been knocked off stride by the effects of a nationwide debt bubble.
The subprime mess is just the beginning of the credit crunchOther types of consumer debt, which have nothing to do with housing and nothing to do with subprime, are going bad, too.
LinkedIn API and New Homepage Drawing NearLinkedIn, the social network for professionals, is trying to establish itself as a better destination with a stronger presence on the web.
If corporate taglines were honest...// iPod: It?ll break in a year, but by then you?ll want the new one // Taco Bell: You?re drunk and we?re still open // PopTarts: Until you realize how disgusting they are, we?ll keep making them //
Victoria's Secret, Slave Labor And So-Called "Free Trade"Workers are allowed just 3.3 minutes to sew each $14 Victoria's Secret women's bikini, for which they are paid four cents.
5 Things You Didn't Know About StarbucksThey are largely responsible for turning a diner?s 50-cent cup of joe into a travesty, or at the very least, a pedestrian pursuit. Their "stores" seem to be everywhere, and they?re populated by coffee snobs on both sides of the counter.
The Types of Co-Workers you HateI have dedicated this article to all of the mentally unstable people that I have ever worked with over time. I have listed my favorites in no particular order. I am sure many of you will be able to relate.
Farewell CompUSA: Company to shutter remaining storesCompUSA has announced that it has been sold to a restructuring firm that will initiate an "orderly wind-down" of the company and its remaining assets. What that means for you: "attractive holiday bargains."
Consumers afraid of identity theft are using a credit freezeAs of November 1st, 2007 all consumers in the US can now freeze their credit reports, protecting them from identity theft. Credit bureau's spent $1.4 million last year lobbying against credit freeze laws. As more states adopted the practice, the bureaus finally gave in. With 10 million identity theft victims a year this could turn the tides.
RIP, CompUSA: 1984 - 2008Days after we first reported that CompUSA could be shutting down for good very, very soon, the WSJ is reporting that the beleaguered big box retailer has been sold to Gordon Brothers Group for liquidation, which will occur shortly after the holidays.